Lexington Park, Maryland Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lexington Park, Maryland rental market.
Lexington Park, Maryland
Average Apartment Rent
$1,817
Y-o-Y Change in Average
Apartment Rent
-5.8%
As of May 2026
Compared to a year ago, Lexington Park, Maryland apartments have recorded a -5.8% rent decrease.
Lexington Park, Maryland Average apartment rent trend
Lexington Park, Maryland Average Apartment Rent
Lexington Park, Maryland Apartment rent ranges
At 70.39%, apartments priced $1,500 - $2,000 represent the bulk of Lexington Park, Maryland rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.63%.
Lexington Park, Maryland Housing tenure**
Renters take up 55% of Lexington Park, Maryland real estate, occupying a total of 3,143 units, while homeowners live in 2,589 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$60,566
Average household size of renter-occupied housing units**
2.2
Rental vacancy rate**
7.9%
Lexington Park, Maryland Renter-occupied housing units by no. of bedrooms**
There are 1,426 rentals in Lexington Park, Maryland with 2 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 87 units. Overall, the median number of rooms in Lexington Park, Maryland homes for rent is 4.6.
Lexington Park, Maryland Renter-occupied units by age of householder**
Most condos for rent in Lexington Park, Maryland are occupied by residents in the 25 - 34 years age group (38%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Lexington Park, Maryland Renter-occupied housing units by family type**
Lexington Park, Maryland Renter-occupied housing units by the presence of own children**
A total of 1,744 apartments for rent in Lexington Park, Maryland, or 55% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 1,306 units. All in all, the median size of a renter-occupied household in Lexington Park, Maryland is 2.2.
Lexington Park, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Lexington Park, Maryland.
Lexington Park, Maryland Renter-occupied units by year structure built**
The highest share of Lexington Park, Maryland apartment rentals, namely 32% or 1,007 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (18%, 557 units), and the ones Built 1990 - 1999 (15%, 470 units).
Lexington Park, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Lexington Park, Maryland renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lexington Park, Maryland condos for rent is 2016.
Lexington Park, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of Lexington Park, Maryland renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 16% have No vehicle available.
Lexington Park, Maryland Means of transportation to work of householders living in renter-occupied housing units**
Lexington Park, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lexington Park, Maryland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
